Commercial real estate answers
Short, sourced answers to what people ask about San Antonio and Hill Country commercial real estate. Each links to the original reports. The full picture is in the Market Brief.
What is the office vacancy rate in San Antonio?
In Q2 2026 San Antonio office vacancy was 15.2% (Cushman & Wakefield), 16.9% (Partners) or 17.6% (CBRE). The brokerages measure different sets of buildings, so the rates differ. Average asking rent was $27.97 to $29.76/SF full service.
Read the answerWhat is the industrial vacancy rate in San Antonio?
In Q2 2026 San Antonio industrial vacancy was 10.3% (CBRE), 11.1% (Cushman & Wakefield) or 11.3% (Partners), with average asking rents of $8.52 to $9.22/SF NNN.
Read the answerWhat does small-bay flex space cost in San Antonio?
In Q2 2026 San Antonio small-bay flex space asked about $12.49 to $12.85/SF NNN, with vacancy of 8.0% to 8.7% depending on the brokerage.
Read the answerWhat is the retail vacancy rate in San Antonio and the Hill Country?
In Q2 2026 San Antonio metro retail vacancy was 4.1% with asking rent of $19.27/SF NNN (Partners). The Hill Country is tighter: 2.4% in Kendall County (Boerne) at $22.85/SF NNN and 2.6% in Comal County (New Braunfels) at $28.16/SF NNN.
Read the answerWhat is the medical office vacancy rate in San Antonio?
In July 2026 Matthews reported 12.27% medical office vacancy in the San Antonio metro, asking rent of $29.99/SF and 80,128 SF under construction.
Read the answerHow tight is the Boerne commercial real estate market?
Very tight for retail: Kendall County retail vacancy was 2.4% in Q2 2026 with asking rent of $22.85/SF NNN, and the county grew 20.3% in population from 2020 to 2025.
Read the answerHow is the New Braunfels commercial real estate market doing?
Retail is tight and growing: Comal County retail vacancy was 2.6% in Q2 2026 at $28.16/SF NNN asking, and the county's population grew 27.8% from 2020 to 2025.
Read the answerWhy do brokerage market reports show different vacancy rates?
They count different buildings. For San Antonio office, inventory is 34.3M SF at CBRE, 43.7M SF at Partners and 50.3M SF at Cushman & Wakefield, so vacancy and absorption differ even in the same quarter.
Read the answerHow do I lease commercial space in Fair Oaks Ranch?
Tell CRECO what you need (use, size, budget, timing) at crecotx.com/get-started or call (210) 817-3443. CRECO shortlists available space, including off-market options, tours it with you, and negotiates the letter of intent and lease. A focused search usually takes about 30 to 90 days to a signed lease.
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